Euratex would like to emphasize that the textile and clothing products are part of this one third of industrial goods for which US MFN tariffs are far above 5%, with some peak tariffs (e.g. 11.4% for sewing thread of man-made filaments, 14.7% for woven fabrics of cotton or 28.6% for trousers and 32% for T-shirts). Against this background, rules of origin are a key issue for the EU textile & clothing sector. Simplifying the rules is certainly a good prerequisite but making it adapted enough to the industry patterns will allow EU companies to gain the most benefits from TTIP.
|March - 2017|